Manna of Life Ministries

Analysis

Manna of Life Ministries is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Manna of Life Ministries reported income of $510k and spending of $401k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $510k (+134%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manna of Life Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Valley Mission Inc ($510k), Capstone ($510k) and Friends of the Poor Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (5.1% of expenses). Other salaries and wages came to $142k. At year end it held assets of $138k against liabilities of $78k, net assets of $60k. It reported 12 employees.